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Reid expects more bids to ban online gaming

U.S. Sen. Harry Reid of Nevada said Friday that Congress next year will take up legislation to outlaw Internet gambling, and he plans to support a ban while trying to gain an exemption for online poker.

Caesars says several creditors leave talks over restructuring debt

Caesars Entertainment Corp. said Friday several creditors exited discussions with the casino operator over a large portion of the company’s gaming industry high debt, leaving investors doubting the success with talks that have been ongoing since September.

Amaya reports Quebec securities regulator probe; shares plunge

TORONTO (Reuters) — Shares in Amaya Gaming Group Inc fell 15 percent on Friday after it disclosed that the company and its officers are cooperating with Quebec securities regulator AMF in an investigation regarding trading activities in Amaya securities.

Caesars expected to miss $224 million interest payment

Caesars Entertainment Corp. is expected to miss a $224 million interest payment owed to bondholders as the company prepares to file Chapter 11 bankruptcy on its largest operating division next month.

Atlantic City to slash bond deal, sell casino tax liens

Atlantic City is expected to slash a bond sale by 71 percent to $40 million because the multitude of uncertainties facing the city have made it difficult to borrow, a city official told Reuters on Wednesday.

MGM Resorts spokeswoman wins national PR honor

MGM Resorts International Senior Vice President of Public Relations Jenn Michaels was named Wednesday to an industry trade publication’s first-ever list of Top Women in PR.

California emerging as the next online poker battleground

California’s latest effort to legalize online poker would sideline PokerStars, shut out the racetrack industry, and offer a twist that makes traditional casinos and card rooms part of the game.

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